Copyright Board Canada
Canada



Section II: Expenditure Overview

Actual Expenditures

Budgetary Financial Resources (dollars)
2015-16 Main Estimates 2015-16 Planned Spending 2015-16 Total Authorities Available for Use 2015-16 Actual Spending (authorities used) 2015-16 Difference (actual minus planned)
3,110,713 3,110,713 3,215,412 2,828,705 (282,008)
 
Human Resources (Full-Time Equivalents [FTEs])
2015-16 Planned 2015-16 Actual 2015-16 Difference
(actual minus planned)
18 18 0
 
 

Budgetary Performance Summary for Strategic Outcome and Program
(dollars)

Strategic Outcome Program and Internal Services 2015-16 Main Estimates Planned Spending 2015-16 Total Authorities Available for Use Actual Spending (authorities used)
2015-16 2016-17 2017-18 2015-16 2014-15 2013-14
Copyright Tariff Setting and Issuance of Licences 2,519,678 2,519,678 2,513,195 2,513,195 2,604,483 2,291,251 2,486,300 2,251,535
Internal Services 591,035 591,035 589,515 589,515 610,929 537,454 583,206 528,137
Total 3,110,713 3,110,713 3,104,640 3,104,640 3,215,412 2,828,705 3,069,506 2,779,672

Departmental Spending Trend

Expenditure Profile

Actual spending for the year 2015-16 was at about $2.8 million, a small decrease over the preceding year. This was due to the departure of some employees. Planned spending for the subsequent years remains stable at about $3.1 million.

Expenditures by Vote

For information on the Copyright Board of Canada’s organizational Votes and statutory expenditures, consult the Public Accounts of Canada 2015.

 

Alignment of Spending With the Whole-of-Government Framework

Alignment of 2015-16 Actual Spending with the Whole-of-Government Framework
(dollars)
Program Spending Area Government of Canada Outcome 2015-16 Actual Spending
Copyright Tariff Setting and Issuance of Licences Economic Affairs An innovative and knowledge-based economy 2,291,251
 
Total Spending by Spending Area
(dollars)
Spending Area Total Planned Spending Total Actual Spending
Economic Affairs 2,519,678 2,291,251
Social Affairs 0 0
International Affairs 0 0
Government Affairs 0 0
 

Financial Statements and Financial Statements Highlights

Financial Statements

For information on the Board’s financial statements, consult the Board’s Statement of Management Responsibility Including Internal Control over Financial Reporting, on the Board’s website.

Financial Statements Highlights

Copyright Board of Canada
Condensed Statement of Operations and Departmental Net Financial Position (Unaudited)
For the Year Ended March 31, 2016
(dollars)
Financial Information 2015-16 Planned Results 2015-16 Actual 2014-15 Actual Difference (2015-16 actual minus 2015-16 planned) Difference (2015-16 actual minus 2014-15 Actual)
Total expenses 3,549,436 3,218,122 3,472,970 (331,314) (254,848)
Total revenues - - - - -
Net cost of operations before government funding and transfers 3,549,436 3,218,122 3,472,970 (331,314) (254,848)
 

For fiscal year 2015-16, the Board’s total actual expenses are $3.2 million, a decrease of about $250,000 from last year. This is mainly a reflection of the departure of some employees and lower machinery and equipment expenses.

Copyright Board of Canada
Condensed Statement of Financial Position (Unaudited)
As at March 31, 2016
(dollars)
  2015-16 2014-15 Difference (2015-16 minus 2014-15)
Total net liabilities 486,555 641,734 (155,179)
Total net financial assets 172,709 388,893 (216,184)
Departmental net debt 313,846 252,841 61,005
Total non-financial assets - - -
Departmental net financial position (313,846) (252,841) 61,005
 

The Board’s net financial position for fiscal year 2015-16 is at ˗$314,000, a decrease of about $61,000 compared to 2014-15. This is mainly a result of a decrease in the Board’s net financial assets.

Financial Highlights Graphs

Assets by Type

Total assetsTotal assets are valued at about $258,000 in fiscal year 2015-16. This is due from Consolidated Revenue Fund (67% or $173,000) and accounts receivable held on behalf of Government (33% or $85,000).

 

Liabilities by Type

LiabilitiesTotal liabilities are valued at about $487,000 for fiscal year 2015-16. This is mostly made up of accounts payable and accrued liabilities (53% or $258,000), vacation pay and compensatory leave (27% or $133,000) and employee future benefits (20% or $96,000).

 

Expenses by Type

Fiscal yearFor fiscal year 2015-16, total expenses are $3.2 million. These expenses are made up of salaries and employee benefits (60% or $1.9 million) and operating expenses (40% or $1.3 million). The majority of these latter expenses are required for the Board’s unique program activity. The balance is made up of expenses associated with internal services.